India's wholesale prices up 5.7 percent in March

Monday, April 17, 2017, 1:07 PM

India's wholesale prices rose a lower-than-expected 5.70 percent year-on-year in March, compared with a 0.45 fall a year ago, dragged down by easing fuel prices, government data showed on Monday. The data compares with a 5.98 percent annual rise forecast by economists in a Reuters poll. In February, prices rose a provisional 6.55 percent, the fastest pace in two-and-a-half years.